Introduction 


If you’ve ever stared at the charts for hours only to miss the best entries by a few seconds, you’re definitely not alone. Scalping the forex market looks easy in screenshots, but in real life it’s a mix of speed, discipline, and constant focus. Most traders simply don’t have the time (or honestly, the patience) to sit in front of MT5 all day waiting for that “perfect” setup.


That’s exactly where Pips Hunter EA V2.2 MT5 comes into play.


Pips Hunter EA is an automated MT5 expert advisor designed to “hunt” small but frequent price moves, especially during active sessions. Instead of relying on emotions, the EA follows a fixed set of rules – based on price action, volatility filters, and trend confirmation – to enter and exit trades automatically. No overthinking, no fear, no FOMO.


In this blog, we’ll break down how Pips Hunter EA V2.2 MT5 works, its key features, recommended pairs and timeframes, risk profile, and how you can install it in just a few minutes. And since this EA is powered and promoted under the YoForex ecosystem via Fxcracked, you’re also backed by a brand that’s already known for transparent, free and semi-free trading tools for the community.


So if you’re searching for a free forex EA or a smart scalping bot that doesn’t blow your account overnight, stick around… this one might fit right into your toolbox.


What Is Pips Hunter EA V2.2 MT5?


Pips Hunter EA V2.2 MT5 is an automated trading robot created for the MetaTrader 5 platform. Its primary focus is on:



  • Capturing small, consistent price movements (scalping & intraday trades)

  • Managing risk using dynamic stop loss and take profit

  • Adapting to volatility so it doesn’t overtrade when the market is dead or too wild


While you can use it on multiple pairs, it’s typically best suited for:



  • Major pairs: EURUSD, GBPUSD, USDJPY

  • Gold: XAUUSD (for those who like a bit more volatility)


The EA uses a combination of:



  • Short-term moving averages

  • Volatility filters (like ATR-based range filters)

  • Session filters (to avoid illiquid market conditions)

  • Spread checks (to avoid bad entries during news spikes)


Instead of risky grid or martingale, Pips Hunter EA V2.2 MT5 aims for controlled risk per trade. That means you can keep your risk percentage fixed while letting the EA do the heavy lifting in terms of entries and exits.


Key Features of Pips Hunter EA V2.2 MT5


Here’s a closer look at what makes this EA stand out from random robots floating around on Telegram:


+ Smart Scalping Logic



  • Designed to hunt multiple small moves rather than a few big ones.

  • Works best in London and New York sessions, when volatility is clean.

  • Avoids chasing spikes by requiring confirmation from both price and volatility filters.


+ Trend & Volatility Filter



  • Trades are only taken in alignment with the short-term trend.

  • Uses volatility ranges to avoid extremely choppy or dead markets.

  • Optional filter to avoid trading during abnormal spreads or news periods.


+ Risk Management Built-In



  • Fixed Stop Loss and Take Profit for every trade.

  • Option for dynamic SL/TP based on ATR or recent swing highs/lows.

  • No martingale, no dangerous doubling when in drawdown.


+ Multi-Pair & Multi-Timeframe Support



  • Can be used on M5, M15, or M30 (recommended: M5–M15 for scalping).

  • Supports major forex pairs and metals like XAUUSD (for experienced traders).

  • You can run multiple charts with different risk levels.


+ News & Spread Awareness



  • Option to stop trading when spreads widen beyond a set maximum.

  • Compatible with manual news filters or external news-filter tools.

  • Helps reduce the risk of slippage and crazy volatility during big events.


+ Easy To Configure



  • All main settings are exposed in clear input parameters.

  • Preset files can be used for quick setup (if provided by YoForex/Fxcracked).

  • Simple, clean interface – no need to be an MQL5 expert.


+ Compatible With Prop & Personal Accounts



  • Works on demo, cent, standard, ECN, and some prop firm accounts.

  • You can adjust risk per trade based on evaluation rules.


+ YoForex Ecosystem & Fxcracked Support



  • Released and promoted within the YoForex / Fxcracked community.

  • Transparent approach: users can test, review, and send feedback.

  • Often combined with guides and tutorials on Fxcracked.org.



Suggested Performance & Backtest Style



  • Monthly Return Target: 5–15%

  • Average Win Rate: 60–75%

  • Max Drawdown: 10–25%

  • Trade Frequency: 2–10 trades per day per pair


A proper backtest should include:



  • 1–3 years of historical data

  • Real tick data with variable spread

  • A realistic initial balance ($500–$1,000)

  • A fixed risk per trade (1–2%)


What to analyze:



  • Equity curve: smooth vs. unstable

  • Stagnation periods: can it survive sideways markets?

  • Maximum losing streak: psychologically manageable?


If the backtest shows a steady rise with moderate drawdown, that’s ideal for a scalping EA like Pips Hunter.


Recommended Minimum Deposit, Pairs & Timeframes



  • Minimum Deposit: $100–$200 (cent/micro), $300–$500 (ECN)

  • Leverage: 1:100 to 1:500


Suggested Pairs:



  • EURUSD, GBPUSD, USDJPY

  • XAUUSD (for advanced traders)


Suggested Timeframes:



  • M5 or M15 for scalping

  • M30 for higher-quality trades



How To Install Pips Hunter EA V2.2 MT5



  1. Download the EA
    Get it from Fxcracked: https://fxcracked.org/.

  2. Open MT5 → Data Folder
    File → Open Data Folder

  3. Copy EA File
    Place the .ex5/.mq5 file into MQL5 → Experts

  4. Restart MT5

  5. Attach EA to Chart
    Select EURUSD M5 or your chosen pair.

  6. Enable Algo Trading
    Adjust SL/TP, lot size, max spread, etc.

  7. Test on Demo First
    Run for a few weeks before going live.


Why Traders Prefer Pips Hunter EA V2.2 MT5 



  • Realistic profit expectations – steady compounding growth approach.

  • Community-driven – tested & reviewed by Fxcracked/YoForex users.

  • Flexible settings – adapt risk levels as needed.

  • Supports hybrid trading styles – run EA on some pairs while trading others manually.


Risk Disclaimer – Very Important



  • Always test on demo before live.

  • Never risk money you cannot afford to lose.

  • Risk per trade should remain low (0.5–2%).

  • Monitor performance regularly.


Past performance is not a guarantee of future results. Automated trading involves significant risk and should be used responsibly.



Final Thoughts – Should You Try Pips Hunter EA V2.2 MT5?


If you’re tired of staring at charts all day, struggling with emotional trades, or simply want an MT5 scalping EA that catches multiple small moves per day, then Pips Hunter EA V2.2 MT5 is absolutely worth trying.


It offers:



  • A rule-based trading approach

  • Built-in risk management

  • Flexible configuration

  • Support from the YoForex/Fxcracked ecosystem


Test it, refine it, and if it fits your trading personality—integrate it into your trading routine.


Support & Disclaimer


Support


If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:


WhatsApp: https://wa.me/+443300272265


Telegram Group: https://t.me/yoforexrobot


Disclaimer: Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.


Happy Trading